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May 3, 2014
05/14
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angela merkel, chancellor of germany. [applause] >> >> chancellor merkel, distinguished guests, ladies and gentlemen, welcome to the chamber of commerce of the united states. my name is tom donohue. i and the president and ceo of this fine institution. i want to thank you for being here. i would like to extend a special welcome to those of you visiting our headquarters for the first time. the chamber is a 102-year-old organization. this building serves as the central rallying point for the u.s. business community. we host several hundred meetings here in this room alone every year. the room we are gathered in today, the international hall of flags is rich in symbolism and history. the room takes its name after the overhead banners of 12 great explorers who blazed the first halves of trade. they planted the first seed of commercial and industrial growth in the new world. they planted the first seeds of commercial and industrial growth in the new world. these flags remind us that the transatlantic relationship has been arou
angela merkel, chancellor of germany. [applause] >> >> chancellor merkel, distinguished guests, ladies and gentlemen, welcome to the chamber of commerce of the united states. my name is tom donohue. i and the president and ceo of this fine institution. i want to thank you for being here. i would like to extend a special welcome to those of you visiting our headquarters for the first time. the chamber is a 102-year-old organization. this building serves as the central rallying point...
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May 3, 2014
05/14
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germany is one of our closest allies and one of our closest friends. that is true across the spectrum of issues, security, intelligence, economic, diplomatic and angela merkel is one of my closest friends on the world stage and somebody whose partnership i deeply value. and so it has pained me to see the degree to which the snowden disclosures have created strains on the relationship. more broadly, i have also been convinced for a very long time that it is important for our legal structure and our policy structure to catch up with rapidly advancing technologies. as a consequence, through a series of steps, what we have tried to do is reform what we do and have taken these issues very seriously. domestically, we have tried to provide additional assurances to the american people that their privacy is protected. what i have also done is taken the unprecedented step of ordering our intelligence community to take the privacy interests of non-u.s. persons into account in everything they do. it is something that has not been done before and most other countri
germany is one of our closest allies and one of our closest friends. that is true across the spectrum of issues, security, intelligence, economic, diplomatic and angela merkel is one of my closest friends on the world stage and somebody whose partnership i deeply value. and so it has pained me to see the degree to which the snowden disclosures have created strains on the relationship. more broadly, i have also been convinced for a very long time that it is important for our legal structure and...
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May 2, 2014
05/14
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he said we were promised after germany's unification, nato would not spread eastward. when we said why are you doing this, we hurt in response this does not concern you. nations and countries have the right to choose a way of ensuring their own security. issaid, that is true, but it also true when the infrastructure of a military borders,oaches our we have questions and we must take certain steps. no one can deny us this right. he went on to say how nato and western leaders had lied to russians many times, made decisions by their backs, and placed before us the compost fact, and that is what happened with the nato expansion. examine we want to whether nato and the newly expanded nato alliance, that is, over the last 20 years, is reaping the whirlwind of that decision in ukraine, and we have distinguished panel of people today who were essentially present at the creation. you have biographies in the program, but i will briefly -- the former prime minister and perhaps the first prime minister and then foreign minister of -- i'm going to mangle your first name -- wlodzimi
he said we were promised after germany's unification, nato would not spread eastward. when we said why are you doing this, we hurt in response this does not concern you. nations and countries have the right to choose a way of ensuring their own security. issaid, that is true, but it also true when the infrastructure of a military borders,oaches our we have questions and we must take certain steps. no one can deny us this right. he went on to say how nato and western leaders had lied to russians...
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May 2, 2014
05/14
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not find any record of any promises to gorbachev that nato would not expand, for instance, to eastern germany. we could not find it, maybe somebody find it, but we have no record. we had no records of that. but gorbachev apparently seems to believe still today that he had such a promise. and president yeltsin believed that he had a promise, and they detail how he was led to believe that, that partnership for peace was with instead of nato in -- [inaudible] not the first step, not a preparative step which i knew because delbert and then christopher and my western european colleagues spent time to explain that to me. while they failed to tell that to president putin -- to president yeltsin at that time. so that brings me back to my point. it's not enough for the to be on the right side of history. it's important. but they should speak in clear terms. that's what russians deserve. that's what putin deserves. that's what russian parliament deserves. that's what ukrainian people in particular today because they are suffering in the war actually. so they deserve very, very clear message. and the me
not find any record of any promises to gorbachev that nato would not expand, for instance, to eastern germany. we could not find it, maybe somebody find it, but we have no record. we had no records of that. but gorbachev apparently seems to believe still today that he had such a promise. and president yeltsin believed that he had a promise, and they detail how he was led to believe that, that partnership for peace was with instead of nato in -- [inaudible] not the first step, not a preparative...
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May 2, 2014
05/14
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in that role, she needs to think of everyone's objectives not only germany's and germany's interest. yes, but look at her. she seems to be moving cautiously but moving in line with events. you could say she is trying her best to actually live up to that role which she never asked for, to be a key person in what looks like a conflict to between the west and russia, almost a bit like the old cold war. >> does what is happening in ukraine bring america and germany closer together? clearly, there have been sources of tension recently, issues of mobile phones and things like that, that will cause disagreements. will this generate more momentum towards -- they are going to talk about trade talks as part of this conversation. she will be talking to various people. could this be a net positive, the closing of this gap between germany and united states? >> under an external threat, the family tends to move closer together. rediscovering that it actually does share some values, despite the occasional bad phone hacking scandal and the like. indeed, from a political point of view, we now seem to
in that role, she needs to think of everyone's objectives not only germany's and germany's interest. yes, but look at her. she seems to be moving cautiously but moving in line with events. you could say she is trying her best to actually live up to that role which she never asked for, to be a key person in what looks like a conflict to between the west and russia, almost a bit like the old cold war. >> does what is happening in ukraine bring america and germany closer together? clearly,...
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May 1, 2014
05/14
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it is owned by deutsche telekom in germany. it is a separate company in the states. when at&t try to buy it. wall street thought it would go through. it was price in. and the regulator said no. softbank need to get regulatory approval. the need to make the case this will not harm consumers. it will give consumers more options. >> so hans, who might run the company? >> john leger. the leading candidate. he is the current ceo and president of t-mobile usa. he is the leading candidate. deutsche telekom and softbank are talking about potential names. this is not a done deal. john leger a colorful figure. we have colors of him -- p ictures of him crashing and at&t consumer electronic show. if he's head of this new company, maybe he can get into mclemore parties by by himself. >> you see him with the pink t-shirt. hans nichols with the very latest possible merger. still with us for more of his views on the markets, the global seed investment officer -- global investment officer. before the break, we were talking about what you like in the markets. you are quite keen on ris
it is owned by deutsche telekom in germany. it is a separate company in the states. when at&t try to buy it. wall street thought it would go through. it was price in. and the regulator said no. softbank need to get regulatory approval. the need to make the case this will not harm consumers. it will give consumers more options. >> so hans, who might run the company? >> john leger. the leading candidate. he is the current ceo and president of t-mobile usa. he is the leading...
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Apr 29, 2014
04/14
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they are working with siemen's group of germany. >>> comcast massive proposed takeover of rival time warner cable may be a step closer to happening after the big philadelphia media company struck a deal that eases federal antitrust concerns. over the weekend comcast confirmed a $20 billion deal with another cable provider charter communications to swap or sell the companying thing right to serve nearly 4 million cable subscribers. comcast is the parent company of cnbc which produces this broadcast. >>> stocks ended this monday mostly higher thanks to all that merger and acquisition activity we just told you about. investors were also encouraged by a healthy report on pending home sales in march the first increase in nine months. by the close bell the dow was up 87 points, the nasdaq slipped one point and s&p added six points. >>> another development on wall street keeping a close eye on today relations between the united states and russia after the white house ramped up economic sanctions against individuals and entities licensed to export to russia. john harwood joins us from washin
they are working with siemen's group of germany. >>> comcast massive proposed takeover of rival time warner cable may be a step closer to happening after the big philadelphia media company struck a deal that eases federal antitrust concerns. over the weekend comcast confirmed a $20 billion deal with another cable provider charter communications to swap or sell the companying thing right to serve nearly 4 million cable subscribers. comcast is the parent company of cnbc which produces...
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Apr 28, 2014
04/14
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will siemens of germany push inm aside? the crisis ukraine escalates. the crisis in manila says that new sanctions are in order. good morning, everyone. we are live from our world headquarters in new york. i am tom keene. joining me is scarlet fu and adam johnson. our guest host for the hour, the partner at sky bridge capital joining us this morning on the hedge fund industry. >> overnight retail sales rose six point two percent, exceeding estimates. this is happening ahead of the april tax increase in japan. meanwhile, economic data in the dallast 10:30 in fed, manufacturing. earnings before the bell, only one of note, charter, losing $.35, more than expected. it looks like charter is going to get 3.9 million subscribers out of that comcast deal. deal we have a herbalife and buffalo wild wings. >> could be a down component. >> not evenbe. close. let's start with general electric. jeff and melt, going to the top in the offer for the french company. he met with francois hollande this morning, who made a counter offer to him. the french government was con
will siemens of germany push inm aside? the crisis ukraine escalates. the crisis in manila says that new sanctions are in order. good morning, everyone. we are live from our world headquarters in new york. i am tom keene. joining me is scarlet fu and adam johnson. our guest host for the hour, the partner at sky bridge capital joining us this morning on the hedge fund industry. >> overnight retail sales rose six point two percent, exceeding estimates. this is happening ahead of the april...
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Apr 28, 2014
04/14
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a french presidential audience for ge's ceo and a rival bid from germany's siemens. settles a remarkable three-day scramble. hans nichols is in berlin to break down oust him down -- break down alstom's choices. are they going to be open on friday? >> they will not be open until wednesday. they have until then to , oneerate over one bid formal offer. it comes down to one crucial question. here is the ceo of an american company. do you ask for permission from the french government first before putting out that big? jeff himmel had the conversations with alstom. his board has approved it. then the french government got wind of it. today, he has a meeting with french president for an swap along. -- francois hollande. did he oron there is, should he have contacted the french state before he started getting everything in line? what has happened in the meantime, siemens has put together a rival bid. this is an asset swap. siemens would take the energy unit from alstom and give them the train unit. they are prepared to make guarantees for no job cuts for at least three years
a french presidential audience for ge's ceo and a rival bid from germany's siemens. settles a remarkable three-day scramble. hans nichols is in berlin to break down oust him down -- break down alstom's choices. are they going to be open on friday? >> they will not be open until wednesday. they have until then to , oneerate over one bid formal offer. it comes down to one crucial question. here is the ceo of an american company. do you ask for permission from the french government first...